Vault-13

INNOVATOR ETFS TRUST NDEC

GROWTH 100 PWR B · ETP · CUSIP 45784N841

33 institutional holders -1 vs Q1 2025
2,080,5172.1m shares reported held*
$53.7mreported value*
3 new 6 added 11 reduced 4 sold out net bought ≈ $7.5m (+290.2k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $25.81.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

02040Q4 24: 26Q1 25: 34Q2 25: 3333Q4 24Q1 25Q2 25
Numbers
QuarterHolders
Q4 202426
Q1 202534
Q2 202533

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
20020Q1 25: 17 bought or addedQ1 25: 7 cut or sold outQ1 25Q2 25: 9 bought or addedQ2 25: 15 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q1 2025177
Q2 2025915

Biggest buyers

RAYMOND JAMES FINANCIAL INC Added +373,847+373.8k
MGO ONE SEVEN LLC New +10,250+10.2k
OSAIC HOLDINGS, INC. Added +8,260+8.3k
JPMORGAN CHASE & CO Added +1,846+1.8k
Diligent Investors, LLC Added +1,007+1.0k
SECURED RETIREMENT ADVISORS, LLC Added +691+691
Capital Investment Advisory Services, LLC New +500+500
CWM, LLC New +400+400
FSA Advisors, Inc. Added +228+228

Biggest sellers

OLD MISSION CAPITAL LLC Reduced -27,456-27.5k
Kestra Advisory Services, LLC Reduced -14,920-14.9k
JANE STREET GROUP, LLC Sold out -13,278-13.3k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -12,602-12.6k
B. Riley Wealth Advisors, Inc. Sold out -10,250-10.2k
Phoenix Financial Ltd. Reduced -9,890-9.9k
Cetera Investment Advisers Reduced -5,491-5.5k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -4,057-4.1k
CreativeOne Wealth, LLC Reduced -3,756-3.8k
CoreCap Advisors, LLC Sold out -1,863-1.9k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Element Squared LLC 18.08% of their portfolio MINNEAPOLIS, MN 1,122,5321.1m $29.0m $29.0m 18.08% First filing
2 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 408,249408.2k $10.5m $10.5m 0.00% Added +373.8k +373,847
3 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 103,468103.5k $2.7m $2.7m 0.00% Reduced -4.1k -4,057
4 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 52,72052.7k $1.4m $1.4m 0.00% Reduced -5.5k -5,491
5 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 46,34046.3k $1.2m $1.2m 0.01% Reduced -14.9k -14,920
6 CORRADO ADVISORS, LLC 0.70% of their portfolio RAMSEY, NJ 44,27544.3k $1.1m $1.1m 0.70% Reduced -277 -277
7 Phoenix Financial Ltd. 0.01% of their portfolio Givatayim, L3 42,97943.0k $1.1m $1.1m 0.01% Reduced -9.9k -9,890
8 SECURED RETIREMENT ADVISORS, LLC 0.53% of their portfolio ST LOUIS PARK, MN 34,47034.5k $890.4k $890.4k 0.53% Added +691 +691
9 CALTON & ASSOCIATES, INC. 0.09% of their portfolio Tampa, FL 21,12221.1k $545.6k $545.6k 0.09% Unchanged
10 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 20,42220.4k $527.5k $527.5k 0.00% Added +8.3k +8,260
11 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 20,37520.4k $526.0k $526.0k 0.00% Reduced -686 -686
12 INDEPENDENT FINANCIAL GROUP, LLC 0.01% of their portfolio SAN DIEGO, CA 18,50018.5k $477.9k $477.9k 0.01% Reduced -400 -400
13 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 18,41118.4k $475.6k $475.6k 0.00% Unchanged
14 FSA Advisors, Inc. 0.30% of their portfolio TROY, MI 14,45714.5k $373.5k $373.5k 0.30% Added +228 +228
15 OLD MISSION CAPITAL LLC 0.01% of their portfolio CHICAGO, IL 13,76113.8k $355.5k $355.5k 0.01% Reduced -27.5k -27,456
16 Tradition Wealth Management, LLC 0.03% of their portfolio EDINA, MN 12,46812.5k $322.1k $322.1k 0.03% Reduced -1.0k -1,025
17 Diligent Investors, LLC 0.07% of their portfolio REDLANDS, CA 10,80010.8k $279.0k $279.0k 0.07% Added +1.0k +1,007
18 MGO ONE SEVEN LLC 0.01% of their portfolio Beachwood, OH 10,25010.2k $264.8k $264.8k 0.01% New
19 GILL CAPITAL PARTNERS, LLC 0.08% of their portfolio DENVER, CO 10,12010.1k $261.4k $261.4k 0.08% Unchanged
20 CreativeOne Wealth, LLC 0.01% of their portfolio OVERLAND PARK, KS 9,7369.7k $251.5k $251.5k 0.01% Reduced -3.8k -3,756
21 FWG Investments, LLC. 0.19% of their portfolio LEXINGTON, KY 9,7119.7k $250.9k $250.9k 0.19% Reduced -848 -848
22 Kingsview Wealth Management, LLC 0.00% of their portfolio GRANTS PASS, OR 9,5689.6k $247.2k $247.2k 0.00% Unchanged
23 DHJJ Financial Advisors, Ltd. 0.05% of their portfolio NAPERVILLE, IL 5,1425.1k $132.8k $132.8k 0.05% Unchanged
24 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 4,4834.5k $115.8k $115.8k 0.00% Unchanged
25 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 4,3804.4k $113.1k $113.1k 0.00% Added +1.8k +1,846
26 CREATIVE FINANCIAL DESIGNS INC /ADV 0.01% of their portfolio KOKOMO, IN 3,7753.8k $97.5k $97.5k 0.01% Unchanged
27 Wood Tarver Financial Group, LLC 0.02% of their portfolio BOISE, ID 2,7542.8k $71.0k $71.0k 0.02% Unchanged
28 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 1,9752.0k $51.0k $51.0k 0.00% Unchanged
29 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 1,3511.4k $34.9k $34.9k 0.00% Unchanged
30 AdvisorNet Financial, Inc 0.00% of their portfolio MINNETONKA, MN 1,0231.0k $26.4k $26.4k 0.00% Unchanged
31 Capital Investment Advisory Services, LLC 0.00% of their portfolio RALEIGH, NC 500500 $12.9k $12.9k 0.00% New
32 CWM, LLC 0.00% of their portfolio OMAHA, NE 400400 $10.0k $10.0k 0.00% New
33 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged